Products » Mutual Funds
Tradex Bond Fund
For investors seeking preservation of capital and a steady
income stream. About one-third of the portfolio is normally
invested in Government of Canada bonds with the remainder
invested in provincial and corporate bonds with a credit rating
of single A or better. The Tradex Bond Fund was created in 1989.
Investment Objectives
To achieve a combination of income and long-term capital preservation, by
investing primarily in a diversified portfolio of investment
grade Canadian bonds. In addition, up to 30% of the
portfolio may be invested in income producing equity
securities, such as common shares of Canadian companies that
pay dividends, real estate investment trusts, preferred
shares, and income trusts. The average term to maturity
of the bond portfolio must be greater than three years.
Any
change in these fundamental investment objectives would require
the approval of unit holders of this Fund.
Investment Strategies
The portfolio advisor utilizes interest
rate anticipation, credit sector and security selection
strategies in the context of a long term, bottom–up, value
oriented approach. The
approach for fixed income securities is conservative in
nature and is based upon an overall forecast derived from
both macroeconomic and technical analysis with the selection
of bonds based upon optimal risk/return characteristics. The
equity portion of the Fund will be a diversified portfolio
of quality companies that are deemed to be undervalued
relative to their intrinsic value and selected to enhance
the yield of the Fund with the intention to reduce the
negative impact on the portfolio’s market value should
interest rates rise.
Portfolio Adviser
The portfolio is managed by Foyston, Gordon and Payne Inc.,
of Toronto, ON. (For more details on Foyston, Gordon & Payne
Inc., click here).
Minimum Purchase
$1,000 minimum initial purchase; minimum subsequent
investment is $100. (The $1,000 minimum is waived in cases where the investor sets up a regular pre-authorized debit plan from his/her bank account and also in cases where parents or grandparents establish an in trust account for a minor.)
Performance: Period Ending January 31, 2012
For
More Information
Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Please read the prospectus before investing. The rates of return include reinvestment of all distributions and do not take into account any sales, redemption, distribution or optional charges or income taxes payable by an investor that could have reduced returns. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. |
